Money Laundering

‘Freeze bank accounts of Shahed’s wife’

Staff Correspondent

22 September, 2020 12:00 AM printer

A Dhaka court on Monday ordered the authorities concerned to freeze two bank accounts of Sadia Arabi, wife of arrested Regent Group Chairman Md Shahed, in connection with a money laundering case.

Judge KM Emrul Kayesh of the Senior Special Judge’s Court passed the order after Anti-Corruption Commission (ACC) Director Sheikh Md Fanafilya, also investigation officer of the case, submitted a petition in this regard.

In the petition, Fanafilya told the court that Shahed’s wife Sadia had earlier opened two double benefit schemes at Premier Bank’s Banani branch in the capital in which the amount stands at Tk 60,13,665.

If the accounts are not frozen, the accused can transfer the money from those accounts, the anti-graft body official also added.